European option exercise dates, specified as serial date numbers
or date character vectors using a NINST-by-1 vector
or cell array of character vector dates. For a European option, there
is only one ExerciseDates on the option expiry
date.

Output Arguments

Price — Expected prices of an Asian optionvector

More About

Asian Option

An Asian option is a path-dependent option with
a payoff linked to the average value of the underlying asset during the life (or some part
of the life) of the option.

Asian options are similar to lookback options in that there are two types of Asian
options: fixed (average price option) and floating (average strike option). Fixed Asian
options have a specified strike, while floating Asian options have a strike equal to the
average value of the underlying asset over the life of the option. For more information, see
Asian Option.